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Oracle Fusion Procurement 2014 Essentials Sample Questions:

1. Identify two tasks that can be performed in the Functional Setup Manager by a customer when configuring setup data.

A) importing and exporting data between instances
B) collecting data to populate the order orchestration and planning data repository
C) setting up and maintaining data by means of the Manage Admin menu
D) configuring Oracle Fusion Applications to match business needs


2. Identify the document in which the Supplier field is not mandatory.

A) Invoice
B) Quotation
C) Requisition
D) Purchase Order
E) RequestforQuotation


3. In which Functional setup Manager task is Next Purchase Order Number set up?

A) Manage Common Options for Payables
B) Configure Requisitioning Business Function
C) Define a sequence for auto numbering and assign it back in Configure BU numbering setup
D) Configure Procurement Business Function


4. While creating a Purchase Order, you observe that the system is defaulting Net 30 as the payment term instead of the intended payment term Net 15. Identify three ways to achieve the desired defaulting.

A) Set Net 30 for the supplier site and leave the payment term blank in procurement options.
B) Update Net 15 in procurement options and leave the payment term blank for this supplier at all levels.
C) Set Net 15 for the supplier site.
D) Update Net 30 for the supplier header and Net 15 for the relevant site.
E) Update Net 15 in procurement options and Net 330 for the supplier site.


5. Your customer tells you that in their industry, the response document for an auction is called a 'Proposal' instead of the default Fusion term 'Bid', and that they would like to have all their negotiation documents reflect this terminology. What would you do to meet this requirement?

A) Create a Negotiation Style.
B) Create a Negotiation Type.
C) Create a Purchasing Document Style.
D) Create a Negotiation Template.
E) Customize the Descriptive Flexfield.


Solutions:

Question # 1
Answer: A,D
Question # 2
Answer: A
Question # 3
Answer: B
Question # 4
Answer: A,B,C
Question # 5
Answer: B,D

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